Money in Motion

Euro Slips, British Pound Lifts

German growth disappoints, British inflation rolls on, and Sarkozy and Merkel are set to meet - time for your FX Fix.

Weak German economic data pushed the euro lower against the dollar ahead of today's Merkel-Sarkozy meeting. [WSJ]

The British pound strengthened after inflation came in above target - again. [RTTNews]

The state-owned China Securities Journal said the time is "ripe" for a wider yuan-dollar trading band. [Reuters]

Vacation season may be contributing to the Swiss franc's recent strength. []

As fear in the market subsides, so does the attraction of the dollar. []


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